Nvidia's Market Cap Hits $1.7 Trillion, Equal to Entire Chinese Stock Market

The chipmaker's valuation has surged, matching the combined market cap of all Chinese-listed companies on the Hong Kong Stock Exchange.

Nvidia Corporation's market cap has reached $1.7 trillion, on par with the entire Chinese stock market, marking a historic milestone.
The company's valuation has nearly quadrupled since the beginning of 2023, with its stock rising by 239% in 2023 and an additional 41% in 2024.
China's economic struggles, including a real-estate crash and deflation, have led to a significant drop in stock prices, with the Hang Seng index falling by 26% over the past year.
Despite concerns over Nvidia's high valuation, analysts remain optimistic about its future growth potential, driven by AI innovations and new product launches.
Nvidia's recent partnership with Cisco Systems to expand AI technology in the corporate sector has further solidified its position as the most valuable chipmaker globally.